ECONOMY

Eurozone agrees 750 million euros of debt relief measures for Greece

Eurozone agrees 750 million euros of debt relief measures for Greece

The eurozone agreed on Tuesday new debt relief measures for Greece worth about 750 million euros ($840 million) as part of the country’s post-bailout program.

The money comes from profits made by eurozone central banks on Greek government bonds and the reduction to zero of the step-up interest margin on certain eurozone loans to Athens this year, said the European Stability Mechanism (ESM), the bloc’s rescue fund. [Reuters]

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